The property is just west of Interstate 75, near the Lowe’s truck stop, less than a mile west of the University of Dayton Arena. The site is also close to a McDonald’s restaurant, Wendy’s and Holiday Inn Express & Suites, among other businesses.
IRG Dayton II LLC, an active land and building investor in the Dayton area, originally bought the site in March 2019 for $400,000. The original developer of the 2,811 square-foot building in 2018 was Illinois-based developer InSite Real Estate, working with IRG.
Before it sold, the property was listed with the Mansour Group as an “18+year absolute net lease.” In a net lease, the tenant on a property pays for rent plus additional expenses, such as operation and maintenance.
Records dated the sale as April 21.
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